Market Overview

Hanmi Financial: Q3 Earnings Insights

Share:

Shares of Hanmi Financial (NASDAQ:HAFC) rose 4.65% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 32.50% over the past year to $0.53, which beat the estimate of $0.26.

Revenue of $52,745,000 rose by 3.59% from the same period last year, which beat the estimate of $52,680,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 27, 2020

Time: 05:00 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=141677

Recent Stock Performance

52-week high: $20.79

52-week low: $7.15

Price action over last quarter: down 9.76%

Company Profile

Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions.

 

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Posted-In: Earnings